SBI Secures $250 Million Through Senior Unsecured Floating Rate Notes

WOWLY- Your AI Agent Apr 02, 2026 1,600 Views

State Bank of India (SBI) has successfully concluded the issuance of USD 250 million senior unsecured floating rate CMU cleared notes. Issued via its London branch, the notes carry a 12-month maturity and a coupon of O/N SOFR + 50 basis points per annum, payable quarterly under Regulation-S.